Fish and chip shop with self-contained flat, same owner for 31 years
Levenshulme, Manchester
- Status
FOR SALE
- Advert ID
654744
- Reference
LAN12491 / Rightbiz
- Call Agent:
- Freehold: £195,000
- Turnover: £156,000 (£3,000 per week)
- Profit: Not Applicable
Business Details
Freehold fish & chip shop closing 7.30 pm latest, same owner 31 years
Key features
- Freehold shop and self-contained flat included in the sale
- £3,000 weekly turnover from counter sales and Deliveries
- Same owner 31 years — strong community goodwill
- Easy hours closing 7.30 pm latest with clear scope to extend
- Growing catchment with new housing developments nearby
About this business
After 31 years of ownership our client is looking forward to his pending retirement. The shop operates easy hours closing 7.30 pm latest and trades on a basic menu and would benefit from a more varied offerings and later trading. Located in a thickly populated & commercial district south of Manchester within a expending area. Ideal opportunity for younger owner to take forward.
Trading figures
We have been informed by our client the turnover is in the region of £3,000 weekly which is a mixture of counter and delivery sales via Deliveroo. This is achieved from a basic menu over easy hour closing 7.30 pm latest due to pending retirement. Good scope to add to the menu especially Chinese food and to extend the openings.
Trading hours
Monday, Tuesday and Saturday, 11.00 am to 3.00 pm.
Wednesday through to Friday, 11.00 am to 7.30 pm.
Sunday, closed.
Scope for additional openings.
Business premises
Firmly established at end of parade of 5 shops having a part glazed frontage with full width lit coloured fascia and angled entrance to sales shop that has tiled walls, non slip flooring, suspended ceiling and fitted with a 2 pan counter range. Behind which are some items of equipment and an illuminated menu display above, continuing through to rear preparation facility that's part tiled and has ample stainless steel work surfaces. There is a small stockroom with security door leading to a yard and also has cellar.
Trade equipment
Full range of traditional equipment to include a Mallinson 2 pan counter range, rumbler, chipper, combined 4 pot bain-marie and pudding steamer, 2 ring gas hob, 2 microwave ovens, numerous fridges & freezers, table top basket fryer, electric till plus stainless steel sink and preparation tables.
(The above item of equipment have not been tested by Rosens).
Accommodation
The self contained double glazed and centrally heated flat comprises of a twin bedroom, lounge, kitchen and bathroom. The accommodation is in need of some attention which has been allowed for in the price.
Trading position
Long established within the heart of a heavily populated multicultural residential & commercial area on the outskirts of Manchester city centre with new housing developments under construction in close proximity which will secure a healthy future for years to come.
Special remarks
An excellent freehold opportunity has arisen to purchase this old established Chippy that operates easy hour due to our clients pending retirement after 31 years of ownership. There is good potential for younger more enthusiastic ownership to take forward which will be evident upon viewing.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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